Learn how banks trap consumers in debt

Consumer Spending Culture

This video highlights that we all live in a consumer culture that convinces you to spend more than you have and makes it convenient to spend more. Bill provides the history of consumer credit and highlights the explosive growth of credit card debt.

Minimum Monthly Payments

This video explains how the Minimum Monthly Payment is designed to maximize the interest paid to the Banks and to ensure that you don’t ever pay off the balance. Learn how it works and how not to get trapped.

Chasing Your FICO Score

We have all been told how important our credit score is. However, when you have more debt than you can afford then protecting your credit score is a trap. Bill explains how getting out of debt is more important and that solving your debt issue will improve your score in the long run.

The Biggest Trap: Avoidance

The biggest trap of all is the failure to take action when you have a debt challenge. Bill outlines how your debt problem only gets worse by ignoring it and not taking action to solve it. He highlights the steps you can take to get out of debt.

Additional Trap – Buy Now, Pay Later

Bill describes a new form of credit and the benefits and disadvantages of using Buy Now, Pay Later to purchase goods and services.

The Breaking Point

For most consumers an unexpected life causes them to become overwhelmed by debt. This video outlines why consumers are vulnerable to these unexpected events and why these events result in the consumer experiencing a financial hardship.

Three easy steps to get started, act now!

Understand The Options

Gain clarity and control by downloading the free 61-page book, “Get Out of Debt Roadmap.” This practical guide gives you clear, honest facts about Loan Consolidation, Credit Counseling, Debt Settlement, and Bankruptcy—empowering you to make informed, confident decisions about your financial future.

Assess Your Situation

Take charge with the free, easy-to-use “LegalEdge Debt Assessment” tool. Based on the information you provide, you’ll receive an immediate, confidential, and accurate determination of the best debt relief path for your needs—giving you a solid foundation to move forward.

Take Action

With new understanding and a qualified, accurate assessment, you can act with confidence. We can put you in contact with the right professionals, organizations, and programs to carry out your plan. If you prefer to find debt relief on your own, we highly recommend Bill’s 117-page book, “The Debt Reduction Toolkit.”